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Support Economy - Pay every Household £3,000 as part of Quantitative Easing process

Submitted on Tuesday 15th November 2011

Published on Thursday 17th November 2011

Current status: Closed

Closed: Friday 17th February 2012

Signatures: 28

Tagged with

Council ~ council tax ~ Economy ~ England ~ Tax ~ UK ~ UK economy

Petition Action

Support Economy - Pay every Household £3,000 as part of Quantitative Easing process

Additional Information

In September £75 billion was issued to UK banks by the Bank of England, supposedly to help re-float the economy. It didn't work and very little got through to the SMEs that are the engine room of UK industry. This ePetition is to ask MPs to review a radical but guaranteed method of re-floating many parts of the UK economy, especially the high street.

Simply put, the Government should issue each household with a voucher for £3,000 it can spend anywhere in the UK (on a defined list of items, preferably UK products & services) within a short term; say 30 days. Vouchers would only be issued to those primary households currently paying council tax. Cost, around £75 billion.


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